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FUD - Meat Prices Also Suffer As The Trade Dispute Escalates
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The trade dispute between the US and China is causing lots of volatility in markets across all asset classes. After the US introduced new tariffs on Friday, May 10 in the wake of a disappointment in the pace and progress over negotiations, China retaliated on May 13. The markets had adopted a sense of optimism that the countries with the world's leading GDPs would find common ground on trade. After all, the US is an essential consumer market for China's exports which feeds their domestic economy. US President Trump pledged to level the playing field